Budget gives a leg-up to clean energy

31 July 2024 | BRIDGE TO INDIA

Market Outlook Solar Uncategorized

Budget gives a leg-up to clean energy

/ by BRIDGE TO INDIA

The full Union Budget for this fiscal has provided a much-needed impetus to the clean-energy sector through direct capital support, lower taxation on inputs and policy initiatives for segments that are underperforming, underdeveloped or critical for future power systems. To put this into perspective, the government has allocated Rs 19,100 crore to the Ministry of New and Renewable…

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